Personal guarantees and director liability for residential builders
Limited liability protects the business, not the person who signed a guarantee. This guide sets out what a builder takes on personally, and what to negotiate before a supplier asks for a signature.
11 min read
Topic
Finance
Articles and news about Finance for Australian builders.
Personal guarantees and director liability for residential builders
Limited liability protects the business, not the person who signed a guarantee. This guide sets out what a builder takes on personally, and what to negotiate before a supplier asks for a signature.
11 min read
What a building business is worth, and how succession changes the number
A buyer pays for the earnings a building business can produce without its owner. This guide sets out what they test, and how a planned succession changes the price.
12 min read
Leasing or buying vans and plant: choosing the finance for cash flow
Finance for a ute or an excavator is a cash-flow decision before it is a tax decision. This is how the main structures compare and what to test before signing.
10 min read
Personal guarantees: what a builder puts at risk
A company limits what its owners lose, but a personal guarantee can switch that protection off. Here is how guarantees work for builders and directors, what decides their size and what to check before you sign one.
11 min read
From finance approval to construction start: scheduling the gap
Finance approval is not a start date. It is the point at which a client’s money becomes conditionally available, and the work of turning it into a site start falls largely on you.
11 min read
Early warning signs of insolvency risk in your building business
Insolvency rarely arrives without warning. The trick is knowing which signals matter, and reading them in your own books as well as in the businesses you deal with.
10 min read